Financial development and investment: The case of the Philippines

Date of Publication

2005

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

Subject Categories

Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Thesis Adviser

Angelo Taningco

Defense Panel Chair

Rica Garde

Defense Panel Member

Marissa Garcia

Angelo Unite

Abstract/Summary

Financial development is hypothesized to encourage investments by increasing the availability of funds, minimizing the constraints faced by businessmen and reducing transaction costs. Following King and Levine (1993a) we employ four financial development indicators against gross domestic investment as a share of GDP in the Philippines using data from 1965-2003. The effects of financial development of the previous year on investments were also tested. Our evidences suggest that some indicators are significantly associated with investment and the financial development of the previous year is more effective in generating investment.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU14296

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

87, [36] leaves : ill. ; 28 cm.

Keywords

Investments--Philippines; Finance--Philippines

This document is currently not available here.

Share

COinS